Clifford Swan Investment Counsel LLC Sells 8,829 Shares of UnitedHealth Group Incorporated $UNH

Key Points

• Clifford Swan Investment Counsel reduced its UnitedHealth Group stake by 7.9%, selling 8,829 shares and retaining 102,523 shares valued at approximately $42.6 million.
• Wall Street’s consensus rating remains “Moderate Buy”, with a $456.56 average price target; recent analysts raised targets after UnitedHealth beat quarterly EPS and revenue expectations.
• UnitedHealth announced a quarterly dividend of $2.32 per share, equivalent to $9.28 annually and a 2.4% yield, payable September 22 to shareholders of record September 14.

Clifford Swan Investment Counsel LLC decreased its holdings in shares of UnitedHealth Group Incorporated (NYSE:UNH - Free Report) by 7.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 102,523 shares of the healthcare conglomerate's stock after selling 8,829 shares during the quarter. UnitedHealth Group comprises approximately 1.4% of Clifford Swan Investment Counsel LLC's portfolio, making the stock its 13th biggest holding. Clifford Swan Investment Counsel LLC's holdings in UnitedHealth Group were worth $42,612,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Sarver Vrooman Wealth Advisors purchased a new position in shares of UnitedHealth Group during the 4th quarter valued at $25,000. Anfield Capital Management LLC boosted its position in shares of UnitedHealth Group by 220.0% during the 4th quarter. Anfield Capital Management LLC now owns 80 shares of the healthcare conglomerate's stock valued at $26,000 after acquiring an additional 55 shares during the last quarter. Nalls Sherbakoff Group LLC purchased a new stake in UnitedHealth Group in the fourth quarter valued at approximately $27,000. Lifetime Wealth Management P.C. purchased a new position in UnitedHealth Group in the fourth quarter worth $29,000. Finally, Wilkerson Advisory Group LLC bought a new stake in UnitedHealth Group during the fourth quarter worth about $30,000. 87.86% of the stock is currently owned by institutional investors.

Insider Buying and Selling at UnitedHealth Group

In other news, CEO Patrick Hugh Conway sold 1,169 shares of the firm's stock in a transaction on Friday, August 21st. The stock was sold at an average price of $390.00, for a total transaction of $455,910.00. Following the completion of the transaction, the chief executive officer directly owned 15,328 shares in the company, valued at $5,977,920. This trade represents a 7.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.19% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have commented on UNH. Morgan Stanley increased their price target on shares of UnitedHealth Group from $468.00 to $529.00 and gave the company an "overweight" rating in a research report on Friday, July 17th. Robert W. Baird raised shares of UnitedHealth Group from an "underperform" rating to a "neutral" rating and boosted their price target for the stock from $287.00 to $453.00 in a research note on Thursday, July 16th. Mizuho lifted their price objective on UnitedHealth Group from $470.00 to $493.00 and gave the stock an "outperform" rating in a report on Monday, July 20th. Oppenheimer lifted their price target on UnitedHealth Group from $420.00 to $500.00 and gave the stock an "outperform" rating in a research note on Friday, July 17th. Finally, TD Cowen lifted their target price on shares of UnitedHealth Group from $337.00 to $430.00 and gave the stock a "hold" rating in a research note on Tuesday, July 14th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $456.56.

UnitedHealth Group Trading Down 0.8%

Shares of UNH opened at $389.92 on Tuesday. UnitedHealth Group Incorporated has a 1-year low of $255.96 and a 1-year high of $461.62. The firm's 50-day moving average price is $412.95 and its 200-day moving average price is $361.54. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $349.99 billion, a price-to-earnings ratio of 25.09, a PEG ratio of 1.36 and a beta of 0.62.

UnitedHealth Group (NYSE:UNH - Get Free Report) last released its earnings results on Thursday, July 16th. The healthcare conglomerate reported $6.38 EPS for the quarter, beating analysts' consensus estimates of $4.94 by $1.44. The company had revenue of $112.03 billion during the quarter, compared to analysts' expectations of $110.81 billion. UnitedHealth Group had a return on equity of 16.53% and a net margin of 3.14%.The firm's revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter last year, the business posted $4.08 EPS. UnitedHealth Group has set its FY 2026 guidance at 19.500-20.000 EPS. Sell-side analysts anticipate that UnitedHealth Group Incorporated will post 19.82 EPS for the current year.

UnitedHealth Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Monday, September 14th will be issued a dividend of $2.32 per share. This represents a $9.28 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Monday, September 14th. UnitedHealth Group's dividend payout ratio (DPR) is presently 59.72%.

UnitedHealth Group Company Profile

UnitedHealth Group Inc is a diversified health care company headquartered in Minnetonka, Minnesota, that operates two primary business platforms: UnitedHealthcare and Optum. Founded in 1977, the company provides a broad range of health benefits and health care services to individuals, employers, governmental entities and other organizations. Its operations span commercial employer-sponsored plans, individual and Medicare and Medicaid programs, and services for customers and health systems in the United States and selected international markets.

UnitedHealthcare is the company's benefits business, administering health plans and networks, managing provider relationships, and offering coverage products for employers, individuals, and government-sponsored programs.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source